stop loss slippage - from a newbie!

[txjackson]

Hi All, I am Terri, and am new to forex in general and t2w in particular! I placed a trade on a demo account today with a 40 pt trailing stop, and crazy things were happening, my computer was freezing up etc... Well it actually went through, but when the stop executed it excecuted at 10 pips from the value instead of 40. I entered a chat and asked, and the rep said that by the time the stop loss actually hit the market had moved back 30 pips....So then I asked could that work against me, could a 40 pip trailing stop loss actually take at 70 pips against my position. He said yes. Does this sound normal? Any help would be greatly appreciated.

:cheesy:

 

[everyonerich]

trailing stop requires active connection and operating pc.

if your pc is off or internet disconnected. the trailing stop wont work because it is based on live market movement and move your stoploss accordingly from your MT4.

 

[everyonerich]

you can use Currenex and bridge to MT4.